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IRS Cracking Down on Form 1099 Reporting

by Bill Leary, CPA, Director, Tax Group, Doeren Mayhew As we approach February, taxpayers need to consider whether they are required to file information returns (Form 1099s) with payees and the Internal Revenue Service (IRS) by Feb. 28, 2013. The IRS...
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Non-Profits: Make Your Mark By Benchmarking

The word “benchmark” may strike some as organizational lingo, but the practice of benchmarking often proves valuable for non-profits. Non-profit organizations that incorporate financial benchmarks into their operations are better at anticipating ...
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Is Your Manufacturing Accounting Lean?

Lean manufacturing is nothing new — many manufacturers adopted this business model during the last decade. But did you know that a manufacturing accounting strategy that’s lean is crucial to operating in a lean manufacturing environment? Lean...
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2013 Inflation Adjustments

The Internal Revenue Service released annual inflation adjustments for tax year 2013, including the tax rate schedules and other tax changes from the recently passed American Taxpayer Relief Act of 2012. The tax items for 2013 of greatest interest t...
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